KeyBanc Reiterates Their Hold Rating on TripAdvisor Inc

By Carrie Williams

In a report released yesterday, Brad Erickson from KeyBanc reiterated a Hold rating on TripAdvisor Inc (NASDAQ: TRIP). The company’s shares opened today at $42.02.

According to TipRanks.com, Erickson is a 3-star analyst with an average return of 2.8% and a 55.0% success rate. Erickson covers the Consumer Goods sector, focusing on stocks such as Integrated Device Tech, Harman International, and Silicon Laboratories.

Currently, the analyst consensus on TripAdvisor Inc is Hold and the average price target is $39.80, representing a -5.3% downside.

In a report issued on September 27, Cowen & Co. also reiterated a Hold rating on the stock with a $38 price target.

TripAdvisor Inc’s market cap is currently $5.8B and has a P/E ratio of 63.39. The company has a book value ratio of 4.2871.

Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is neutral on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

TripAdvisor, Inc. owns and operates a portfolio of online travel brands. It operates its business through the Hotel and Non-Hotel segments.